OpiGo, the stock trading app, closes pre-Seed funding round

OpiGo, an all-in-one stock platform, has successfully raised Rs 1.4 crore in a pre-seed funding round, with Manish Choksi of Asian Paints and Shubham Satyarth of Sharpely co-leading the investment. The funds are earmarked for enhancing user experience, expanding the user base, and introducing a new advisory vertical, as outlined in OpiGo’s press release.

Co-founded in 2023 by Devansh and Aman Mehta, OpiGo stands out as a stock-market platform where a community of experts collaborates to facilitate reliable stock selection. The company employs intuitive decision-making features like cards, polls, and scores, aiming to revolutionize investment discussions and become a one-stop decision-making platform.

OpiGo’s comprehensive suite of features includes a gamified community, incentive-driven paper trading, consolidated broking, in-depth stock research, and a dedicated advisory vertical. The Mumbai-based company, in its beta version, has already attracted over 7,500 users.

According to OpiGo, it competes directly or indirectly with other platforms such as Trinkerr, FrontPage, InvestMates, StockEdge, and StockGro. In the words of OpiGo, the platform’s vision is to transform the way people discuss investments and serve as a holistic decision-making hub.

Manish Choksi of Asian Paints expressed confidence in OpiGo’s potential, stating, “We believe in OpiGo’s vision to redefine the stock market experience and provide users with innovative tools for decision-making.”

The company’s founders, Devansh and Aman Mehta, are committed to utilizing the raised funds to propel OpiGo’s growth and enhance the platform’s capabilities. As Aman Mehta mentioned, “Our aim is to make OpiGo the go-to platform for anyone interested in the stock market.”